WHAT IS TERRA CLASSIC.?
Terra Classic (LUNC) is the name given to the original blockchain of Terra after it forked into a new chain called Terra 2.0. The original chain, now called Terra Classic, has LUNC as its native token.
According to the data for the monthly period, the Terra Classic (LUNC) chart shows an upward trend, especially when considering the trend of moving averages. While technical indicators provide a more heterogeneous picture, the overall signal leans towards a buying trend.
Original network:
Terra Classic is the original blockchain, which includes the stablecoin UST and the original token LUNA, now renamed as LUNC.
Community:
Part of the Terra community decided to continue with the original chain, focusing on reviving the project and renaming it as Terra Classic.